[Price Reporting] Stainless Steel : MO-RE 1, MO-RE 2

[Price Reporting] Stainless Steel : MO-RE 1, MO-RE 21. Reporting Duration: March 17, 2025 – March 21, 2025 2. Introduction to Metals: Alloy Price Analysis including Stainless Steel 3. Summary: From March 17 to March 21, 2025, the price of MO-RE alloys decreased due to falling nickel prices. MO-RE 1 alloys dropped by $0.13, while MO-RE 2 alloys decreased by $0.11. The primary cause of the decline is the reduced nickel price, which fell by $0.39 per kilogram due to slowed demand for stainless steel in China, rising inventories, and oversupply concerns. Although both MO-RE alloys are impacted by ...